IkanBilisCapital

SNX sugar....

Long
GEMINI:SNXUSD   Synthetix
SNX is another coin that has not pumped in the recently rally, we think the bullishness for the entire crypto space will spread like wild fire and it's only a matter of time it reaches the SNX camp.


BULL CASE
Price may find immediate rally from, blast past it and find consolidation well above the 200MA near the $20 levels.

BEAR CASE
In the event price dumps from here, we think the immediate support at 11.2 will hold and it rallies into the bullish Q4 of 2021.

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